Log in

NYSE:CMC - Commercial Metals Stock Price, Forecast & News

$22.23
+0.52 (+2.40 %)
(As of 12/8/2019 03:37 AM ET)
Today's Range
$21.94
Now: $22.23
$22.39
50-Day Range
$18.66
MA: $20.15
$22.23
52-Week Range
$13.27
Now: $22.23
$22.39
Volume1.39 million shs
Average Volume1.46 million shs
Market Capitalization$2.64 billion
P/E Ratio10.69
Dividend Yield2.21%
Beta1.82
Commercial Metals Company manufactures, recycles, and markets steel and metal products, and related materials and services in the United States and internationally. It operates through four segments: Americas Recycling, Americas Mills, Americas Fabrication, and International Mill. The Americas Recycling segment processes and sells scrap metals to steel mills and foundries, aluminum sheet and ingot manufacturers, brass and bronze ingot makers, copper refineries and mills, secondary lead smelters, specialty steel mills, high temperature alloy manufacturers, and other consumers. Read More…

Industry, Sector and Symbol

Industry Blast furnaces & steel mills
Sub-IndustrySteel
SectorBasic Materials
CUSIP20172310
Phone214-689-4300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$5.83 billion
Cash Flow$2.93 per share
Book Value$13.77 per share

Profitability

Net Income$198.09 million

Miscellaneous

Employees11,524
Market Cap$2.64 billion
Next Earnings Date1/6/2020 (Estimated)
OptionableOptionable

Receive CMC News and Ratings via Email

Sign-up to receive the latest news and ratings for CMC and its competitors with MarketBeat's FREE daily newsletter.


Commercial Metals (NYSE:CMC) Frequently Asked Questions

What is Commercial Metals' stock symbol?

Commercial Metals trades on the New York Stock Exchange (NYSE) under the ticker symbol "CMC."

How often does Commercial Metals pay dividends? What is the dividend yield for Commercial Metals?

Commercial Metals announced a quarterly dividend on Tuesday, October 22nd. Investors of record on Wednesday, November 6th will be paid a dividend of $0.12 per share on Wednesday, November 20th. This represents a $0.48 annualized dividend and a yield of 2.16%. The ex-dividend date is Tuesday, November 5th. View Commercial Metals' Dividend History.

How were Commercial Metals' earnings last quarter?

Commercial Metals (NYSE:CMC) issued its earnings results on Wednesday, October, 23rd. The basic materials company reported $0.76 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.70 by $0.06. The basic materials company had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.57 billion. Commercial Metals had a return on equity of 16.04% and a net margin of 3.40%. The business's revenue was up 17.9% on a year-over-year basis. During the same period last year, the business earned $0.51 EPS. View Commercial Metals' Earnings History.

When is Commercial Metals' next earnings date?

Commercial Metals is scheduled to release their next quarterly earnings announcement on Monday, January 6th 2020. View Earnings Estimates for Commercial Metals.

What price target have analysts set for CMC?

10 analysts have issued 12 month target prices for Commercial Metals' shares. Their forecasts range from $15.00 to $25.00. On average, they expect Commercial Metals' share price to reach $19.61 in the next year. This suggests that the stock has a possible downside of 11.8%. View Analyst Price Targets for Commercial Metals.

What is the consensus analysts' recommendation for Commercial Metals?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Commercial Metals in the last year. There are currently 1 sell rating, 5 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Commercial Metals.

Has Commercial Metals been receiving favorable news coverage?

News stories about CMC stock have been trending somewhat positive on Sunday, InfoTrie Sentiment reports. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Commercial Metals earned a coverage optimism score of 2.0 on InfoTrie's scale. They also gave news articles about the basic materials company a news buzz of 8.0 out of 10, meaning that recent news coverage is very likely to have an impact on the company's share price in the next few days. View News Stories for Commercial Metals.

Are investors shorting Commercial Metals?

Commercial Metals saw a drop in short interest in October. As of October 31st, there was short interest totalling 8,410,000 shares, a drop of 6.0% from the September 30th total of 8,950,000 shares. Based on an average daily trading volume, of 1,500,000 shares, the short-interest ratio is currently 5.6 days. Approximately 7.2% of the shares of the company are sold short. View Commercial Metals' Current Options Chain.

Who are some of Commercial Metals' key competitors?

What other stocks do shareholders of Commercial Metals own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Commercial Metals investors own include Alibaba Group (BABA), Verizon Communications (VZ), Starbucks (SBUX), Cisco Systems (CSCO), Caterpillar (CAT), Delta Air Lines (DAL), General Electric (GE), AbbVie (ABBV), Bank of America (BAC) and Ford Motor (F).

Who are Commercial Metals' key executives?

Commercial Metals' management team includes the folowing people:
  • Ms. Barbara R. Smith CPA, Chairman, Pres & CEO (Age 60)
  • Ms. Mary A. Lindsey, Sr. VP & CFO (Age 64)
  • Mr. Tracy L. Porter, Exec. VP & COO (Age 62)
  • Mr. Paul K. Kirkpatrick, VP, Gen. Counsel & Corp. Sec. (Age 48)
  • Mr. Paul J. Lawrence, VP of Fin. (Age 49)

Who are Commercial Metals' major shareholders?

Commercial Metals' stock is owned by a number of of institutional and retail investors. Top institutional investors include State Street Corp (4.17%), Voya Investment Management LLC (1.06%), Parametric Portfolio Associates LLC (0.95%), Millennium Management LLC (0.89%), Systematic Financial Management LP (0.79%) and Russell Investments Group Ltd. (0.56%). Company insiders that own Commercial Metals stock include Adam R Hickey, Mary A Lindsey and Tracy L Porter. View Institutional Ownership Trends for Commercial Metals.

Which major investors are selling Commercial Metals stock?

CMC stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Voya Investment Management LLC, Squarepoint Ops LLC, Systematic Financial Management LP, Comerica Bank, Chicago Equity Partners LLC, SignalPoint Asset Management LLC and Meeder Asset Management Inc.. View Insider Buying and Selling for Commercial Metals.

Which major investors are buying Commercial Metals stock?

CMC stock was purchased by a variety of institutional investors in the last quarter, including Parametric Portfolio Associates LLC, Russell Investments Group Ltd., State of New Jersey Common Pension Fund D, Millennium Management LLC, California Public Employees Retirement System, Bowling Portfolio Management LLC, Pacer Advisors Inc. and Man Group plc. View Insider Buying and Selling for Commercial Metals.

How do I buy shares of Commercial Metals?

Shares of CMC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Commercial Metals' stock price today?

One share of CMC stock can currently be purchased for approximately $22.23.

How big of a company is Commercial Metals?

Commercial Metals has a market capitalization of $2.64 billion and generates $5.83 billion in revenue each year. The basic materials company earns $198.09 million in net income (profit) each year or $2.08 on an earnings per share basis. Commercial Metals employs 11,524 workers across the globe.View Additional Information About Commercial Metals.

What is Commercial Metals' official website?

The official website for Commercial Metals is http://www.cmc.com/.

How can I contact Commercial Metals?

Commercial Metals' mailing address is 6565 N. MACARTHUR BLVD. SUITE 800 P O BOX 1046, IRVING TX, 75039. The basic materials company can be reached via phone at 214-689-4300 or via email at [email protected]


MarketBeat Community Rating for Commercial Metals (NYSE CMC)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  278 (Vote Outperform)
Underperform Votes:  433 (Vote Underperform)
Total Votes:  711
MarketBeat's community ratings are surveys of what our community members think about Commercial Metals and other stocks. Vote "Outperform" if you believe CMC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CMC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/8/2019 by MarketBeat.com Staff

Featured Article: Momentum Indicators

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel